Open free Kotak811 digital savings bank account online with zero balance. ✓No Annual Charges ✓7%* Interest with ActivMoney ✓Video KYC ✓0 Fee Virtual 

What is a Zero Balance Savings Account?

While everyone needs a Savings Account for banking, no one likes to worry about maintaining a minimum monthly balance. If you are one of them, Kotak811’s Zero Balance Savings Account is here for you. Say no to balance requirements and yes to truly free personal banking with Kotak811.

Features Of Zero Balance Savings Account

  1. Open Zero Balance Savings Account Online
  2. Get up to 7%* interest p.a. with ActivMoney
  3. Paperless Process
  4. Instant Virtual Debit Card & Credit Card Against FD
  5. No charges for non-maintenance of balance

Benefits Of Zero Balance Savings Account

  1. No need to maintain any minimum balance in your account
  2. Earn up to 7%* interest p. a. with ActivMoney
  3. Get instant Virtual Debit Card
  4. Free digital transactions like NEFT, IMPS, UPI, Pay your contact, Scan & Pay
  5. 24/7 access through the Kota811 App and Internet Banking
  6. Unlimited account validity and unrestricted deposits and spends
  7. Apply for an 811 #DreamDifferent Credit Card without any income documents or CIBIL score

Fee And Charges Of Zero Balance Savings Account

  1. Account Opening – Free
  2. Non-maintenance – No charge
  3. Average Monthly Balance – Zero
  4. Debit card virtual – free
  5. Funds Transfer – NEFT / RTGS (Nil Charges) / IMPS (Through Internet & Mobile Banking)
  6. Annual Fee – Nil
  7. Physical Debit Card – ₹299
  8. Image Debit Card – A onetime image fee of ₹235 and an annual fee of ₹299 inclusive of all taxes.
  9. Card Replacement Fee – ₹299
  10. Foreign Exchange Mark-up – Fee 3.5%
  11. ATM Charges (after free transactions)
    • For Financial Transactions: Rs.21
    • For Non-Financial Transactions: Rs.8.50 on domestic ATMs of other banks

How To Open Zero Balance Savings Account Online

Use the Kotak811 App or the Website.

  1. Enter Mobile Number, Email ID, and Pin code
  2. Verify Aadhar and Pan
  3. Complete Full KYC

Zero Balance Account Opened

Eligibility Criteria For Zero Balance Savings Account

  1. Citizen of India
  2. Aged 18 and above
  3. Aadhar and Pan Card

Documents Required For Zero Balance Savings Account

Paperless verification and minimal documentation: Verify your Aadhaar & PAN and enjoy easy digital banking.

Kotak811 Zero Balance Account Is For Everyone

  1. Now you can open a zero balance account using your Aadhaar and PAN Card along with other details.
  2. Kotak811 is a zero balance savings account that can be opened online by everyone (Resident Indian individuals above the age of 18 only).
  3. Whether at work, at home or on vacation you can open an 811 account instantly, without ever stepping out.
  4. Kotak811 is a zero balance savings This means that you don’t have to pay any penalties for not maintaining a minimum balance. So, what are you waiting for? Open a zero balance savings account online with Kotak811 and start banking with one of the best digital bank account.

Why Should You Choose a Zero Balance Account?

  1. No minimum average balance: Make the most with no monthly average balance maintenance requirement.
  2. Paperless account opening process: Choose the convenience of opening a zero balance account online within a few minutes – anytime, anywhere.
  3. Additional benefits: A free virtual debit card, plus cash and cheque deposits at the bank’s branch.
  4. Digital payments: Make digital payments easily using NEFT, UPI and Scan & Pay.